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Stealth Group’s $22M HBT Acquisition Sets Stage for $500M+ Sales Surge

2:11pm on Friday 14th of November, 2025 AEDT Distribution
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Stealth Group’s $22M HBT Acquisition Sets Stage for $500M+ Sales Surge

2:11pm on Friday 14th of November, 2025 AEDT
Key Points
  • Acquisition of Hardware & Building Traders (HBT) for $22 million cash
  • Adds 1,165 independent stores and $700 million purchase volume to Stealth’s network
  • FY28 sales target upgraded from $300 million to over $500 million
  • Expected $8 million annualised profit uplift by FY27 and $200 million incremental sales by FY28
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